Canon Slumps After Profit Forecast Misses Estimates

Kiyoshi Ota/Bloomberg

An attendee tries out a Canon Inc. digital single lens reflex camera mounted with a super telephoto lens at a camera show in Yokohama City, Japan. For the quarter ended March 31, Canon reported a 34 percent decline in net income to 40.9 billion yen, citing falling prices and slowing economies in China and Europe.